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Nov 16, 2012
11/12
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i like the financials and energy and housing. not so much the condition summer names over there. it's pretty big target, 1585 next year so it'd stick with the technology and financials. >> why not discretionary? getting a deal in washington, wouldn't those stocks shoot higher? >> well, okay. if you get a deal in washington, yes. but that's predicated on getting a deal. either way taxes will be higher and middle class suffer and the stocks will not really ben fate right now. >> energy and financials, are they on your radar? >> if i'm going energy, i'm going emps but as simon said, taxes have to go up on everybody and not enough money so i think the market is either going to move sideways or lower but you have to buck the trend. yahoo! in a down market nothing but move up and stay with the name like this. >> up like 12% i think. >> exactly. it's a turnaround story so people aren't connecting that with fiscal cliff. they're not connecting that with global growth just now. she's done an excellent job and people putting in a name like that. >> there's yahoo! shares highs of the day to
i like the financials and energy and housing. not so much the condition summer names over there. it's pretty big target, 1585 next year so it'd stick with the technology and financials. >> why not discretionary? getting a deal in washington, wouldn't those stocks shoot higher? >> well, okay. if you get a deal in washington, yes. but that's predicated on getting a deal. either way taxes will be higher and middle class suffer and the stocks will not really ben fate right now. >>...
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Nov 20, 2012
11/12
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CNBC
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in the meantime, while clean energy fuel, clne, is attempting to build out a network of stations, they only cover a tiny fractions of our roads. there are just 600 public compressed natural gas stations in the country. guess how many gas stations there are. give up? 120,000. the engines are underpowered. you can't fit 250 miles of a natural gas in the truck. diesel lets you go 500 miles. that is probably enough of a deal breaker that even though you have a one year pay back, the infrastructure is suboptical. garbage trucks are the biggest adopters. waste management and republic. they have fleets of trucks in cities that are all short haul. they can fill them up at night. in part because the particular cutback is so significant they use nat gas. other than garbage, bust. how about cars? as disappointing as trucks have been, autos, they're a disaster. the reason? first, we don't have many cars that can take natural gas. my talks with the major auto companies made it clear there is no demand for the cars which are more expensive than gasoline powered models. that's what the car industry i
in the meantime, while clean energy fuel, clne, is attempting to build out a network of stations, they only cover a tiny fractions of our roads. there are just 600 public compressed natural gas stations in the country. guess how many gas stations there are. give up? 120,000. the engines are underpowered. you can't fit 250 miles of a natural gas in the truck. diesel lets you go 500 miles. that is probably enough of a deal breaker that even though you have a one year pay back, the infrastructure...
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Nov 19, 2012
11/12
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CNBC
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a lot of green arrows in the energy space. nat gas closed slightly lower. >> ignite something larger, that's the bigger question we face. that's what we wonder about. the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing evidence that you can see a cut-off in oil supplies, especially for new york oil. >> that's ultimately the question. will there be a disruption? what series of events would occur to stop the flow of oil? >> suez canal, wherever it is, we're not there yet but trading it up just in case -- >> it ignites something wider. >> our own oil market in new york trades more on our economic fundamentals and
a lot of green arrows in the energy space. nat gas closed slightly lower. >> ignite something larger, that's the bigger question we face. that's what we wonder about. the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to...
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Nov 12, 2012
11/12
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CNBC
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we will be energy independent far faster than the iea thinks it will happen. i think in north america no later than 2020 i think energy independent in the united states. >> having the ability to do it and doing it are different things. >> we are doing it. take a look at what is happening in north dakota. we know it on the desks. we are here on the street. the people in america don't realize what has happened. you have gone from 100,000 barrels to 6,000 barrels this year. north dakota it went past california. it is soon going to go past texas and they rp only getting started. i think they are only just beginning. i think the iea was way too long in the anticipation. >> traders are saying if we get there as quickly as you say that doesn't mean a good story for the u.s. consumer as we are seeing with what is happening with gas prices. until we see new refineries and the infrastructure to go along with the drilling we can produce all the oil we want. >> that's the big question. we need to be an exporter of crude oil because we don't have the refining capabilities.
we will be energy independent far faster than the iea thinks it will happen. i think in north america no later than 2020 i think energy independent in the united states. >> having the ability to do it and doing it are different things. >> we are doing it. take a look at what is happening in north dakota. we know it on the desks. we are here on the street. the people in america don't realize what has happened. you have gone from 100,000 barrels to 6,000 barrels this year. north...
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Nov 12, 2012
11/12
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CNBC
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see what our world might look like if we had full energy independence. that's next. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> the big energy headline today may be the biggest of the year. iae saying by 2020 america will overtake saudi arabia as the world's biggest oil producer. what does that mean? let's bring president of lipow oil producers. great headline. sounds fantastic. is it going to happen? >> well, there's a good chance it will happen if you look at oil production in the u.s. it's risen quite substantially
see what our world might look like if we had full energy independence. that's next. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you...
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Nov 16, 2012
11/12
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WMAR
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claiming 5 hour energy was involved. those claims are being investigated at the same time, the fda is look into reports of 5 more deaths linked to monster energy drinks, one of them in hagerstown who died in december of 2011. she was just 14 years old and she had a previous heart condition. her family blamed her death on the 2, 24-ounce monster energy drink. >> people who manage patients with disorders try and advice patients to limit caffeine. caffeine can definitely be a trigger. >> her family is suing the parent company of monster company. those claims of death related to his product have not been proven. abc 2 news. >>> coming up we have an annapolis man tries to take on 5 hour energy. first he has to make it through the shark tank. >>> new, we're learning more about the economic impact of this year's baltimore grand prix. a newly release report show that's nearly 30,000 less people attended the race this year. less people translated into lower spending. $24.9 million in direct spending came from the grand prix crowd
claiming 5 hour energy was involved. those claims are being investigated at the same time, the fda is look into reports of 5 more deaths linked to monster energy drinks, one of them in hagerstown who died in december of 2011. she was just 14 years old and she had a previous heart condition. her family blamed her death on the 2, 24-ounce monster energy drink. >> people who manage patients with disorders try and advice patients to limit caffeine. caffeine can definitely be a trigger....
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Nov 19, 2012
11/12
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CNBC
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telecoms and utilities and energy. does today's rally change the way you view the markets? >> if you look friday morning when apple was at 504, apple is proxy for the market now. we talk about it as a stock of sentiment having nothing to do with what is happening in the company and how it changed ichb three hours and today another 37 billion dollars. another is going on in the company that is warranting those shifts. it is all sentiment. i think there is more to go. we did sell a little bit. bmw we held for a while and went back to its may levels. we sold some of that but i bought some of our hedge back. i think we could see a few more days of this. i'm not jumping in with two feet to buy into this rally. >> let's bring in dennis the editor of the letter. he joins us now. always good to see you. >> always good to be seen. >> this morning in your newsletter you wrote that you were embracing equities. is this a long embrace or a brief one? >> this is probably a flirtation. flirtation can sometimes lead to love. i was very uninterested in equities for the past two and a half w
telecoms and utilities and energy. does today's rally change the way you view the markets? >> if you look friday morning when apple was at 504, apple is proxy for the market now. we talk about it as a stock of sentiment having nothing to do with what is happening in the company and how it changed ichb three hours and today another 37 billion dollars. another is going on in the company that is warranting those shifts. it is all sentiment. i think there is more to go. we did sell a little...
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Nov 13, 2012
11/12
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CNBC
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southwestern energy is up as a result. stocks up 3%. joey, what's the best way to play the space right here, right now? >> i'm playing it through a name, swn is the ticker symbol. you can also play psd and you can play eog. i think it's important to understand, natural gas spot prices have remained rather resilient for the last couple of weeks. now you've got some cold weather coming forth, and on thursday, the potential is there that you'll actually have your earliest withdrawal from inventories since 2007. >> well, it is the issue on the mind of every investor these days. that, of course, the fiscal cliff. and as lawmakers return to work today to try to hammer out a compromise, our own eamon javers lays out what a road map to a deal might look like. he joins us live from washington no now, eamon. >> reporter: the heads of most of the major progressive groups are in a meeting with president obama now. it started a little over a half hour ago. and this morning i talked to some of the labor leaders and they told me the message they plann
southwestern energy is up as a result. stocks up 3%. joey, what's the best way to play the space right here, right now? >> i'm playing it through a name, swn is the ticker symbol. you can also play psd and you can play eog. i think it's important to understand, natural gas spot prices have remained rather resilient for the last couple of weeks. now you've got some cold weather coming forth, and on thursday, the potential is there that you'll actually have your earliest withdrawal from...
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Nov 14, 2012
11/12
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CNBC
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manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back and dividend going up 15% a year. you get 2% while you wait. if things -- if we don't do it on a fiscal cliff and things get worse, not going to get hurt. >> where did you buy comcast? >> comcast we've owned for a couple of years. that's another one that has morphed into a return of capital story. when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're try
manufacturing driven by very low energy prices. we're self-sufficient energy for the first time in years. another company like ppg, they really own the coatings business, about 70% of revenues from coatings, they're growing 4% to 6% organically and end the year with $2.5 billion in cash. they just sold their business, another $1 billion, that $3.5 billion in cash, 60% go to grow the business, 40% return to shareholders. you've got 5%, 6% top line, 10%, 12% net income growth with stock buy back...
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Nov 15, 2012
11/12
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CNBC
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energy leading the way. utilities and telecom is performing the worst. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. they optimized our data center and got us on the cloud. they even sent tour champion, paula creamer, to help with charles' swing. maybe don't do that. that's not good. no! his job isn't to look good. it's to make the clients look good. oh my goodness! i can't help you. that's what i thought. >>> welcome back to third hour of "squawk on the street." always one of my favorites. i have a favorite guest. james coutoules. he's been active trying to get all the money back for m.f. investors. today the subcommittee's report on m.f. was completed. james, i read at least the early parts of the report that were out yesterday and it certainly does seem as though they're not very kind to how john corzine led this firm down the road to destruction. your thoughts? >> i agree completely, rick. th
energy leading the way. utilities and telecom is performing the worst. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. they optimized our data center and got us on the cloud. they even sent tour champion, paula creamer, to help with charles' swing. maybe don't do that. that's not good. no! his job isn't to look good. it's to make the clients look good. oh my goodness! i can't help...
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Nov 18, 2012
11/12
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WBAL
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[captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> two big stories tonight involving deadly crashes in two different counties. the most recent happened this afternoon in glen burnie. police say two cars were involved in a head-on crash near freeman at shore's road. this is aerial video of the scene. four people reported dead, three adults and one child. investigators are from the traffic safety section say it is in its early stages of the investigation. the earlier accident happened just before 11:30 last night in hartford county. three people were killed when the driver of a car lost control on eastbound route 646. maryland state police have identified the victims. they're both 21 years old. police say henderson was driving the car. also killed in the crash, a 20- year-old girl, alexandra. the preliminary investigation and said they were moving back to emerson's home. owensby and clark were taken to shock trauma. after last week's discovery of a body part in right to reisterstown, they found remains of an unknow
[captioning made possible by constellation energy group] captioned by the national captioning institute --www.ncicap.org-- >> two big stories tonight involving deadly crashes in two different counties. the most recent happened this afternoon in glen burnie. police say two cars were involved in a head-on crash near freeman at shore's road. this is aerial video of the scene. four people reported dead, three adults and one child. investigators are from the traffic safety section say it is in...
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Nov 15, 2012
11/12
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CNBC
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strip out food and energy up 0.2. empire manufacturing down 5.22, that comes after an unrevised minus 6.16, but not as bad as minus 8 to 9 that we were looking for. jobless claims, oh my goodness can this be right? there may be some distortions, it walloped up to 439,000 from 361,000, so i am sure there's a story behind that, and continuing claims not to be outdone, had a market jumped, originally released and revised up to 3.16 and now they stand at 3.334 million. so these numbers obviously affected by something whether it's storms or whether it's other issues, we'll of course look towards some of the guidance that we get. if we look towards the market the guidance is the equities look like they'll come in lower for another day. we see interest rates, well, they're a smidge higher than the sub 60 level from yesterday and maybe the biggest story of the day today is recession in europe again? i don't know why that's a big story. the bigger story would be if there wasn't one. >> that is a great oint. we haven't talked a
strip out food and energy up 0.2. empire manufacturing down 5.22, that comes after an unrevised minus 6.16, but not as bad as minus 8 to 9 that we were looking for. jobless claims, oh my goodness can this be right? there may be some distortions, it walloped up to 439,000 from 361,000, so i am sure there's a story behind that, and continuing claims not to be outdone, had a market jumped, originally released and revised up to 3.16 and now they stand at 3.334 million. so these numbers obviously...
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Nov 15, 2012
11/12
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CNBC
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cpi and food energy not affected yet though there does tend to be a pop in prices after big storms like this. it is the philly fed survey that well underperformed where i think we may be seeing a lot of this. there could be some utility output in the year. there could be a whole bunch of businesses shut down and some of it what we don't know is we were accelerating the economy into the election and some of the chain store sales might have dropped off just before sandy came in. and then we seem to be getting an effect certainly in the retail sector, in cars we know. now labor. it's going to be a couple months before this washes out, pardon the pun. >> thank you, steve leisman. simon? >>> it is a busy day, tyler. lawmakers on capitol hill have released their highly anticipated report on the collapse of mf global and jon corzine's role within that. kayla tausche has the very latest. >> simon, a year in the making that 97-page report authored by the republicans on the house oversight subcommittee hardly minces words in singling out former senator jon corzine, as well as mf global's rating a
cpi and food energy not affected yet though there does tend to be a pop in prices after big storms like this. it is the philly fed survey that well underperformed where i think we may be seeing a lot of this. there could be some utility output in the year. there could be a whole bunch of businesses shut down and some of it what we don't know is we were accelerating the economy into the election and some of the chain store sales might have dropped off just before sandy came in. and then we seem...
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Nov 13, 2012
11/12
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one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> for two days the new york stock exchange was dark after the wrath of superstorm sandy. our next guest is speaking out on ways he thinks the markets can be better prepared for the next crisis. cftc commissioner bart chilton joins us with his proposals. what do you think happened here? >> quickly, this isn't life or property with sandy so everybody feels for that, but i think what happened is the systems weren't tested appropriately becky and when something happens in the equities market it affects the financial futures also and these are global interconnected markets, so they had a system, a backup system. >> the electronics syst
one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. >>> for two days the new york stock exchange was dark after...
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Nov 13, 2012
11/12
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WJLA
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he brought energy to the team immediately. with 22 home runs and 59 runs was one of the washington's successful season. he had a 340 average. a 477 slugging percentage. the national league rookie of year. i wantd,eech, this award. i want a world series. this is a great honor. also for the washington nationals. >> the accolades keep coming in for all the nationals. >> now we have this. the rest of the week, we will r of the year. >> thank you. next, theup controversy. a showdown over shopping. >> a taboo subject for many. an odd noise, a creek in the floor. that haveof things o believe ghosts exist. >> in today's world, the so- called zombi apocalypse blaze in the people's consciousness. museum. the it is a place that is the second haunted place in virginia. folks with me here are paranormal investigators, ghost here to and they are find evidence to prove that spirits do exist. >> do you believe in things that go bump in the night? unseen?ed by things spirits? poltergeists? this woman claims she has seen, felt, and heard ghosts
he brought energy to the team immediately. with 22 home runs and 59 runs was one of the washington's successful season. he had a 340 average. a 477 slugging percentage. the national league rookie of year. i wantd,eech, this award. i want a world series. this is a great honor. also for the washington nationals. >> the accolades keep coming in for all the nationals. >> now we have this. the rest of the week, we will r of the year. >> thank you. next, theup controversy. a...
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Nov 12, 2012
11/12
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CNBC
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this is the international energy agency. so becoming a net exporter. joining us is tom bergen at reuters. if that forecast is right, how does that change the politics of oil? >> good morning, ross. yes, that's a prediction now that a lot of analysts have been making over recent months. so it's a pretty broad view that the u.s. will by the end of the decade potentially become the biggest oil producer in the world. there are also predictions that just factory and other things like energy efficiency, basically cut it reliance on on oil imported from outside from immediate neighbors mexico and canada almost to nothing. and if america is not emporting as much oil as it does currently, perhaps for energy to be such a focal point of its foreign policy won't be so large. and already you have exactly within the oil and gas industry pushing the case for shale on the basis that it would save the country a lot of money on overseas military expenditure. >> if you take in that oil, shale gas together, how much is that revolutionizing the american economy and also th
this is the international energy agency. so becoming a net exporter. joining us is tom bergen at reuters. if that forecast is right, how does that change the politics of oil? >> good morning, ross. yes, that's a prediction now that a lot of analysts have been making over recent months. so it's a pretty broad view that the u.s. will by the end of the decade potentially become the biggest oil producer in the world. there are also predictions that just factory and other things like energy...
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97
Nov 17, 2012
11/12
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FBC
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the stakes for mideast energy supplies could really not be higher. details what is standing in the cross-hairs. more money coming up ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace inindustry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment informaon, risks, fees and expenses to read d consider carefully before investing. ♪ . melissa: all right. just one day after bp's record settlement on the 2010 gulf oil spill anotter rig explosion rocksed the gulf today. the fire, look at that. the fire has reportedly been put out but the u.s. coast guard said it spotted a two by a quarter mile oil sheen right around the rig. you know what that means. gulf oil production is already struggling to come back after the bp oil spill. could this put a f
the stakes for mideast energy supplies could really not be higher. details what is standing in the cross-hairs. more money coming up ♪ [ male announcer ] how could switchgrass in argentina, change engineering in dubai, aluminum production in south africa, and the aerospace inindustry in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with...
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291
Nov 15, 2012
11/12
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WETA
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without food and energy, core inflation was up two tenths of a perce.re wan troll s eet, the dow fell 28.5 points, the nasdaq was down almost ten, and the s&p 500 dropped two. if you want to know how the economy is faring, it pays to keep an eye on walmart. after all, it has over 10,000 stores across the globe, selling more than $1 billion worth of stuff every day. it earned $1.08 per share in the third quarter, a penny more than estimates, and up 11% from last year. but revenues were a little shy of forecast, and walmart's outlook for this quarter was less than anticipated. compare that to rival target's quarterly earnings-- four cents better than expectations at 81 cents a share and a holiday outlook that didn't disappoint. erika miller reports on what the results say about all-important the holiday season. >> reporter: $3.6 billion. that almost unthinkable number is what walmart earned in the third quarter alone. it works out to about $40 million in profits a day. to wall street analysts, it's proof the company's turnaround strategy is working. >> what walmart does so well is they
without food and energy, core inflation was up two tenths of a perce.re wan troll s eet, the dow fell 28.5 points, the nasdaq was down almost ten, and the s&p 500 dropped two. if you want to know how the economy is faring, it pays to keep an eye on walmart. after all, it has over 10,000 stores across the globe, selling more than $1 billion worth of stuff every day. it earned $1.08 per share in the third quarter, a penny more than estimates, and up 11% from last year. but revenues were a...
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Nov 17, 2012
11/12
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FOXNEWSW
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should we put this in a new energy policy? >> there is no doubt about it. we have no energy policy, so we don't know how things like a carbon into what we're trying to do. we have no long-term grid policy. what christian is saying is correct. ask a politician what's the grid going to look like when it's 2050? they have zero ideas. so when we have things, we patch things back together. we have got to fix this grid and we've got it get to a smart grid with a dc -- >> you want to do all this because of one storm? >> you have the audacity so call this an inconvenience! the people in staten island and long island are so beyond inconvenience! you can not keep kick the can down the road because it's going to cause a higher electric bill. >> i've got a short amount of time. wayne, last word what, do you think? >> i think it's a fairly simple solution. it's got to be paid for by somehow. just have the people vote on it. say, we want to vote on this. we want to put this underground. we don't want to have to do this again and we'll pay the price for it. assess us for
should we put this in a new energy policy? >> there is no doubt about it. we have no energy policy, so we don't know how things like a carbon into what we're trying to do. we have no long-term grid policy. what christian is saying is correct. ask a politician what's the grid going to look like when it's 2050? they have zero ideas. so when we have things, we patch things back together. we have got to fix this grid and we've got it get to a smart grid with a dc -- >> you want to do...
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Nov 14, 2012
11/12
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CNBC
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abundant energy. i thought we should look at clean energy that would benefit. markwest, this is a company that has a price above where they did secondary. look at the "wall street journal" word on the street. they say that maybe mlps have been oversold. if we're going to drill in this country for more energy, i like to think of halliburton down to 30. some people will say weatherford upgraded by a number of people and then let's not forget chesapeake. they came out this morning in a piece last night said we're more nat gas than i would like to be in ohio. when i spent time in ohio, 80% of what we put out on rigs is nat gas. you need the markwest pipeline to take natural gas to chesapeake to bring it to the east or to give it to clean energy fuels and in order to be able to drill oil, that's halliburton. that's the family of names that i'm focused on. >> does it extend to larger cap names? some say that ge is well positioned here. >> i spent time talking about how big ge can be in this industry. we read in a piece in "the wall street journal" that ge teamed up w
abundant energy. i thought we should look at clean energy that would benefit. markwest, this is a company that has a price above where they did secondary. look at the "wall street journal" word on the street. they say that maybe mlps have been oversold. if we're going to drill in this country for more energy, i like to think of halliburton down to 30. some people will say weatherford upgraded by a number of people and then let's not forget chesapeake. they came out this morning in a...
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124
Nov 15, 2012
11/12
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FBC
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gerri: apparently the energy industry did not give the president. let me take it to a slightly different topic. the "wall street journal" reporting tonight that the fha has exhausted its capital reserves and that it will need a tax infusion for the first time in 70 years. we are talking another bailout year. do you think we should do this? is there any way around it? >> we need a massive restructuring. fha, the same thing as the post office is dealing with fannie and freddie, one after another. this is the situation from his management for years and years. assuming we can throw it in there. a couple of years ago fha was required to take on more of these bad loans. the compensating. now we have the results of that. you also have at the same time the federal reserve buying $40 billion a month of mortgage-backed securities trying to prop up the housing market. fannie and freddie, fha, and federal reserve trying to prop up the bad housing market. the american people need to get real reform. gerri: account is one -- consequence, but would you vote to bai
gerri: apparently the energy industry did not give the president. let me take it to a slightly different topic. the "wall street journal" reporting tonight that the fha has exhausted its capital reserves and that it will need a tax infusion for the first time in 70 years. we are talking another bailout year. do you think we should do this? is there any way around it? >> we need a massive restructuring. fha, the same thing as the post office is dealing with fannie and freddie,...
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Nov 15, 2012
11/12
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WMAR
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and five hour energy the latest to be investigated by the fda. the drink may have been a factor in at least 13 deaths in the last four years and they are investigating monster energy drink also. they started looking in to it last month after it was linked to five deaths including the death of a teen girl from our state >> a chill in the air. no question about that. at least we are nice and dry. the radar still scanning all clear, all sweeps, but clouds have rolled in out of the south. part of the problem is this coastal system spinning down here off the carolina coast. midlevel moisture with a few clouds out of the south for maryland. i think we will stay dry for the rest of the night but there will be clouds to deal with and temperatures dropping cold close to freezing. whether you wake up tomorrow we may not get there in the city. north and west, you are probably going to be below freezing. we will talk about how temperatures will change into the weekend. >> the president went to new york to get a look at the damage caused by sandy. >> he made
and five hour energy the latest to be investigated by the fda. the drink may have been a factor in at least 13 deaths in the last four years and they are investigating monster energy drink also. they started looking in to it last month after it was linked to five deaths including the death of a teen girl from our state >> a chill in the air. no question about that. at least we are nice and dry. the radar still scanning all clear, all sweeps, but clouds have rolled in out of the south....
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Nov 13, 2012
11/12
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CNBC
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periods is signs of global demand growth and we're seeing that very visibly from petrol price and other energy price increases. but to a certain extent as well, the food price increases which we're beginning to see, and likely to see more of reflect changinged food presences, increasing prices for wheat even though spikes in corn and wheat prices that we've seen have been largely due to weather factors. but demands are the pressure, as well. >> for anyone trying to figure out what's going organization how sustainable are the inflation rates and are they not going to fall precipitously as the fee hikes come out. >> there will be, but if you look at the university tuition fees, that will be there for three years. it's not just something that will disappear in 12 months time. and that's an important point because when the bank of england presents it inflation forecast tomorrow, it will have to count those increases in fee as a medium term inflation pressure. they'll be there throughout the entirety of hair projections this time around. and then that has some effect on the policy making decisions.
periods is signs of global demand growth and we're seeing that very visibly from petrol price and other energy price increases. but to a certain extent as well, the food price increases which we're beginning to see, and likely to see more of reflect changinged food presences, increasing prices for wheat even though spikes in corn and wheat prices that we've seen have been largely due to weather factors. but demands are the pressure, as well. >> for anyone trying to figure out what's going...
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Nov 13, 2012
11/12
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CNBC
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. >> the american society of civil engineers gives our energy infrastructure a d-plus grade. look that the devastation two weeks after the storm hit. i give our infrastructure an f. this is infrastructure. this is america. this is 2012. this is two weeks after the storm hit. this is despicable. screws come from all over the united states to help in this recovery effort. i'm joined here by jerry up from nashville, tennessee. jerry, talk to me about the communication. what was it like when you first got up here? >> it seems like it was slow, real, real slow here. you know, seemed like people -- seemed like a lot of people didn't know what was going on. >> one of the biggest questions facing all of nassau county is that they don't have utility poles. they have been waiting for poles, the rulers were the poles were coming down from montreal. there were other stories that the poles were in customs, immigration was holding them up. well, guess what, we found the poles. when did these polls get delivered here to the park, do you know? >> i have no idea. i have only about here since
. >> the american society of civil engineers gives our energy infrastructure a d-plus grade. look that the devastation two weeks after the storm hit. i give our infrastructure an f. this is infrastructure. this is america. this is 2012. this is two weeks after the storm hit. this is despicable. screws come from all over the united states to help in this recovery effort. i'm joined here by jerry up from nashville, tennessee. jerry, talk to me about the communication. what was it like when...
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Nov 12, 2012
11/12
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WJLA
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lot more than just an energy boost. runs, 18 stolen bases, .270 with a .340 average with batters on. the teenager played in only 139 games. l be watching for the announcement. it's coming up any moment. that show is on the air. football fans to redskins went back to work today. the redskins are hopeful that able to go onl be against the philadelphia eagles. played all season because dot of a knee injury. these guns -- the skins say he have to have some season foot injury. a lot to play for. have swag.ers you want.at have something special. i do not promise anything, but i my best. >> the eagles have their rahm problems. is imploding. l vick asck michae concussion. how serious is it? will he be on the field on sunday? andy reed/ >> we will now here in the next few days. have a pretty good idea. now is itelling you pretty significant. >> andy reid had to think about it. the wizards plainly charlotte their firstg for win of the season. lakers have won it two in a d last night they signed brown.ni to replace happened to phi
lot more than just an energy boost. runs, 18 stolen bases, .270 with a .340 average with batters on. the teenager played in only 139 games. l be watching for the announcement. it's coming up any moment. that show is on the air. football fans to redskins went back to work today. the redskins are hopeful that able to go onl be against the philadelphia eagles. played all season because dot of a knee injury. these guns -- the skins say he have to have some season foot injury. a lot to play for....
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Nov 16, 2012
11/12
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WMAR
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eye 101
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the high energy popcorn will only be marketed to adults. we want to know what you this. head to our website, abc2news.com/facebook and soundoff. is frito-lay taking the caffeine craze too far. >>> more than 18,000 people are out of work right now. >> and a snack staple is no more. hostess, the make are of treats like twinkies, ding dongs is leck question dating. that means the loss of 18,500 jobs. employees were sent home today and their operations have stopped. >>> products on the store shelves and in the outlet stores will be sold until they run out. that have folks buying up twinkies in bulk and selling them on e bay. we fond some on e bay and amazon. until this move, a box of hostess twinkies only cost $3.35. >>> hitting puberty is a frightening time for parents and children. >> why girls who mature earlier may be at risk for health conditions. >> former cia director david petraeus heads to capitol hill to talk about what happened in libya. >> it's beautiful here. we'll talk a lot more about it. >>> in tonight's health alerkts it's -- alert, it's something every girl
the high energy popcorn will only be marketed to adults. we want to know what you this. head to our website, abc2news.com/facebook and soundoff. is frito-lay taking the caffeine craze too far. >>> more than 18,000 people are out of work right now. >> and a snack staple is no more. hostess, the make are of treats like twinkies, ding dongs is leck question dating. that means the loss of 18,500 jobs. employees were sent home today and their operations have stopped. >>>...
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Nov 15, 2012
11/12
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FBC
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pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, ergized feeling you need and support breast cancer research and access to care. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what if we just changed the format altogether ? isn't that the exact same thing ? it's pretty clear. still sticking with verizon. verizon. more 4g lte coverage than all other networks combined. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. zero heartbu
pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, ergized feeling you need and support breast cancer research and access to care. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at...
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Nov 14, 2012
11/12
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FBC
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liz: three areas, energy and the no. one moneymaker. >> 8 ms holdings, missed the earnings estimates they do to the medicaid programs, the medicaid hmos and customers as well and a percentage of what they recover. obamacare is the law of the land. in the medicaid program. and that makes growth prospects -- [talking over each other] liz: isn't that a little rich? >> unique asset that compete against no one. everyone goes a little bit of what they do. they don't have a lock on the states but they play a majority of the key ones on the medicaid. liz: let's cover more fraud in the health industry. energy. let's get your pick their. >> from st. mary land, a predominantly gas and domestic. it is an interesting company from here we are going to focus on domestic energy assets. this company had a few operational issues well behind them. it is a great entry point. liz: your number one money maker, it is up 10% since then. liz: i would >> >> i was nervous about it because we talk about it so many times. a lot of times you look at
liz: three areas, energy and the no. one moneymaker. >> 8 ms holdings, missed the earnings estimates they do to the medicaid programs, the medicaid hmos and customers as well and a percentage of what they recover. obamacare is the law of the land. in the medicaid program. and that makes growth prospects -- [talking over each other] liz: isn't that a little rich? >> unique asset that compete against no one. everyone goes a little bit of what they do. they don't have a lock on the...
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Nov 13, 2012
11/12
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CNBC
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domestic, abundant, clean energy to power our lives... that's smarter power today. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> welcome back. coming up on halftime, trading the tech wreck. apple's in a slump. now microsoft's sagging. what's going on with the biggest sector in the market? >>> congress is back to work. we chart a road map to a deal on the fiscal cliff. >>> and as retail earnings flood the street, which stocks are worth buying? we've got the list of names you want to know. carl, top of the hour. >> all right, scott. see you in a few moments. >>> meantime, time for another capital markets op-ed. gary, i know you're pay attentiing attention to how the long island power authority story is evolving here in new york. it's amazing to watch. >> yeah, sorry, we didn't have the camera ready. tim, when he tosses to me, we've got to be ready. >> wherever you go, there's no light. that's all i know. >> you know, some pe
domestic, abundant, clean energy to power our lives... that's smarter power today. ♪ ♪ ♪ [ male announcer ] some day, your life will flash before your eyes. ♪ make it worth watching. ♪ the new 2013 lexus ls. an entirely new pursuit. >>> welcome back. coming up on halftime, trading the tech wreck. apple's in a slump. now microsoft's sagging. what's going on with the biggest sector in the market? >>> congress is back to work. we chart a road map to a deal on the fiscal...
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Nov 13, 2012
11/12
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CNNW
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one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. so, which superfast 4g lte service would you choose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obviously verizon. okay, i have a different chart. going that way, does that make a difference ? look at verizon. it's so much more than the other ones. so what
one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. a hybrid? most are just no fun to drive. now, here's one that will...
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Nov 16, 2012
11/12
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FBC
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. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ neil: all right. doing their job or doing something that is not part of their job? the obama administration getting primed for spending taxpayer money to promote the president's health care law. the administration saying, well, we have to explain that law. we are not promoting anything. the republican congressman not quite buying it. the state of louisiana. he is leading this charge against the health and human services secretary to get to the bottom of what this money is being used for because it seems a little fishy. congressman, and joining us on the phone right now. have you heard anything from the secretary? >> well, we sent letters initially backed inmate, follow-up letters in august and we have received no information about the use of these tax bear dollars. we were completely ignored by the secretary, and that prompted the suoena and conversations with the chairman on the ways and means committee. we felt
. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ neil: all right. doing their job or doing something that is not part of their job? the obama administration getting primed for spending taxpayer money to promote the president's health care law. the administration saying, well, we have to explain that law. we are not promoting anything. the republican...
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Nov 15, 2012
11/12
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WMAR
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. >>> and another popular energy drink is being investigated by the fda as a possible factor in several deaths. >> monster was linked to five deaths, now five hour will also be investigated. officials say it may have been at least a factor in 13 deaths over the last four years. it contains less caffeine than monster but more than one could be potentially dangerous. >> now someone was to drink multiple cans which is when we see a lost side effects with this you are getting up to huge amounts, 30, 40 cups of coffee. >> reporter: the makers of the drinks point out they are just claims and there is no proven link between the drinks and the deaths. most experts say the fatal dose for an adult would be nearly impossible to drink but the energy drinks could be dangerous for children with heart problems. >> the former cia direct ear breaking his silence saying he never gave away classified information to his mistress. the government officials say they don't expect the scandal toa to affect anyone else. >> reporter: during his visit to thailand the secretary of defense said he doesn't expect oth
. >>> and another popular energy drink is being investigated by the fda as a possible factor in several deaths. >> monster was linked to five deaths, now five hour will also be investigated. officials say it may have been at least a factor in 13 deaths over the last four years. it contains less caffeine than monster but more than one could be potentially dangerous. >> now someone was to drink multiple cans which is when we see a lost side effects with this you are getting...
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Nov 16, 2012
11/12
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WGN
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but i am the saving money on energy type. so we switched to the cold cycle and with tide coldwater his teddy bears are clean. polar bears. that's our tide for conserving energy. >> his name is rick paid in a cuban kid whose family lost everything under fidel castro and came to chicago as political refugees and on a snowy november night their lives were about to be turned upside down again by an apartment fire on this very night nearly half a century ago. this beam that's going across you can see the alligator charging that is still on here from the fire that was 49 years ago. one minute before midnight in 1963, he was 5 years old and it sound asleep in his family's apartment. >> that was the neighbor's apartment that actually knocked on our door and woke us up and pretty much started the ball rolling. snow on the ground, the closest firefighters were on track 44 they had just fought and extra alarm fire that included a rescue when they got the call, fire on melrose people track firefighter ed the already exhausted could have
but i am the saving money on energy type. so we switched to the cold cycle and with tide coldwater his teddy bears are clean. polar bears. that's our tide for conserving energy. >> his name is rick paid in a cuban kid whose family lost everything under fidel castro and came to chicago as political refugees and on a snowy november night their lives were about to be turned upside down again by an apartment fire on this very night nearly half a century ago. this beam that's going across you...
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Nov 16, 2012
11/12
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KGO
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allegedly used the cia director's name in an effort this summer to broker a contract for a $4 billion energy facility, with senior officials of the south korean government. according to new york businessman adam victor. >> miss kelley made it clear to me that general petraeus put her in this position. and that's why she was able to have access to such senior levels that they were essentially doing a favor for general petraeus. >> reporter: the new york business man says he broke off dealing with jill kelley after she asked for an $80 million commission. there was no immediate comments from kelley. but a source close to petraeus said, he had absolutely nothing to do with jill kelley's deal. and in fact, had asked her to stop throwing his name around. brian ross, abc news, new york. >>> in california, the party is over for fraternities and sororities at chico state university. the school's president yesterday announced greek life on campus was suspended indefinitely. that move comes after a student drank himself to death celebrating his 21st birthday. frats and sororities must remove all greek
allegedly used the cia director's name in an effort this summer to broker a contract for a $4 billion energy facility, with senior officials of the south korean government. according to new york businessman adam victor. >> miss kelley made it clear to me that general petraeus put her in this position. and that's why she was able to have access to such senior levels that they were essentially doing a favor for general petraeus. >> reporter: the new york business man says he broke off...
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Nov 16, 2012
11/12
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FBC
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the stakes for mideast energy supplies could really not be higher. details what is standing in the cross-hairs. more money coming up [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporang a business you'd like to start. or questions about protecting your family with a will or living trust. anyou'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordab
the stakes for mideast energy supplies could really not be higher. details what is standing in the cross-hairs. more money coming up [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence....
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Nov 19, 2012
11/12
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CNBC
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that facilitates energy efficiency and renewable energy, cleaner energy in the future. >> you know, it's interesting, because i think we all want to be energy-independent. we want -- we know this country is rich in natural gas. but for the most part, people don't want it in my backyard and yet ge ceo jack with welsh compared it to the internet boom with job pro portion and increases. how do you balance it, the potential economic boom we could see of fracking, with the environmental impact? >> well, look. the economic advantages are obvious. we've created hundreds of thousands of jobs, because of cheap natural gas, electricity prices are low because of abundant and cheap natural gas. but the environmental impacts, if you go to the communities where this gas is being produced, are also obvious. i visited, maria, south of pittsburgh, a little town called washington with a woman who told me she had had to abandon her family farm because of the fumes from a neighboring well made her kids sick. she was living out of her car. so we need to put in place the strong rules to allow us to do the fra
that facilitates energy efficiency and renewable energy, cleaner energy in the future. >> you know, it's interesting, because i think we all want to be energy-independent. we want -- we know this country is rich in natural gas. but for the most part, people don't want it in my backyard and yet ge ceo jack with welsh compared it to the internet boom with job pro portion and increases. how do you balance it, the potential economic boom we could see of fracking, with the environmental...
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Nov 14, 2012
11/12
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KQED
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of nrg energy, the new jersey-based utility. now, like other c.e.o.s, he is concerned about getting a solution. earlier today, i asked him, can it be done in time?do >> can it be done in the lame-duck session before the january 1 cliff, i don't think so. but i think everyone is looking for a sign of good faith, (a)that they're working together in a constructive way, and (b) that, as most people are saying, put a down payment on dealing with the issue, and then come up withhe a credible plan to sell it over the next several months. >> susie: david, as you know, many c.e.o.s are going to be meeting with president obama tomorrow at the white house. what would you like to see come out of that meeting? >> the business community generally likes simpson bowls, and i think there was some disappointment that the obama administration did not embrace it fully. i think what the business community would like to hear from president obama is they're going for it on the basis of something like simpson bowls, or simpson bowls on testosterone. th
of nrg energy, the new jersey-based utility. now, like other c.e.o.s, he is concerned about getting a solution. earlier today, i asked him, can it be done in time?do >> can it be done in the lame-duck session before the january 1 cliff, i don't think so. but i think everyone is looking for a sign of good faith, (a)that they're working together in a constructive way, and (b) that, as most people are saying, put a down payment on dealing with the issue, and then come up withhe a credible...